« A Warning from Europe: "Roll Back Obamamism" | Main | China Manipulates Its Currency To the Advantage of U.S. Consumers and Businesses Buying Its Products »

November 03, 2011

Solar vs. Natural Gas: Why are we investing billions as a country in a technology that is economically not competitive?

Facts on the cost of generating electricity (per kilowatt hour):
Natural gas: 3.5-4.5 cents

Coal: 4-5 cents
Hydro: 4 cents
Nuclear: 8 cents
Wind: 7-9 cents
Solar: 15-50 cents

Question: Why as a country are we investing billions of dollars in the most expensive option (solar) and ignoring the cheapest (natural gas), especially when the U.S. is the "Saudi Arabia of natural gas"? 

HT: Warren Smith

via mjperry.blogspot.com

Posted at 11:20 AM in Economic Policy , Government Overreach, Value-Based Management (VBM) & EVA |

|

Comments

Feed You can follow this conversation by subscribing to the comment feed for this post.

The comments to this entry are closed.

Search

Enter your email address:

Delivered by FeedBurner

My Photo

About

Money Management Website

Recent Posts

Financial Shift Blog

Categories

Twitter Updates

    follow me on Twitter

    Face Book Page

    My Other Accounts

    DISCLAIMER

    • DISCLAIMER: NOTHING CONTAINED ANYWHERE ON THIS SITE CONSTITUTES ANY INVESTING ADVICE OR A RECOMMENDATION FOR THE PURCHASE AND/OR SALE OF ANY SECURITIES BY RAPIDAN CAPITAL, LLC., RAPIDAN CAPITAL, LLC d/b/a BERK ADVISORY OR ANY PARTNER OR AFFILIATE OF RAPIDAN CAPITAL, LLC - A REGISTERED INVESTMENT ADVISOR. ANY PURCHASES OR SALES OF SECURITIES ARE SOLELY AT THE DISCRETION OF THE READER.
    Berk Advisory

    Promote Your Page Too

    Become a Fan